In the price or further to go? That is the classic question asked of any stock and which investors are now asking of the country's main recruiting firms as they gear up for their first quarter earnings results, due out this week. These will be particularly important given the inherent lack of forward visibility in the sector. In any case, the key with such stocks is to invest ahead of a recovery in the economic cycle. For some, such as Shore Capital, a "classic recovery" is what we are seeing in SThree for example. For others such as Hays, however, which is trading at 20 times' this year's earnings, JP Morgan Cazenove is more cautious, believing that "much of the recovery is already in the price" and The Times's Tempus is inclined to agree. Despite the Zambian government's decision - announced yesterday - to no longer allow the export of stones mined in the country for auction abroad some analysts have said they won't adjust their forecasts for the miner Gemfields. Neither has the Telegraph's Questor column, which has opted to maintain its 'speculative buy' recommendation on the company. All eyes will now be on the prices fetched at the first auction scheduled to be held in Lusaka, between April 15th and 19th. Some seem to believe that Colombian emerald miners will simply fill the void left by their Zambian rivals, thus depressing those prices and the revenues the government hopes to obtain, which may prompt a U-turn in authorities' approach. Sometimes promises do come true. This is the case with Russian precious metals producer Polymetal, who yesterday announced its first final dividend. The company has thus come true on its word to pay-out 30% of net earnings in dividends. Furthermore, there is its pledge to examine each December wether its projected cash-flow needs allow for a special payment, or not. Even more important, on any reasonable assumption about gold and silver prices, Polymetal should stay cash-positive and in a position to maintain that dividend policy, according to Tempus. Hence, the 3.5 to 4.0% dividend yield is the main reason to own the shares, which trade at a slight discount to comparable companies because three shareholders continue to dominate its board. Even so, any further special payments would be a bonus. Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.